New York (Inwood), NY, 10033 | $565,000

Unlock the potential of this blank canvas and CREATE YOUR DREAM HOME! This unrenovated, partially gutted apartment is ready for transformation. Whether you're an investor or a buyer ready to craft a custom space tailored to your taste, the possibilities here are endless. Bring your architect and imagination and make it yours today!

It's rare to get an opportunity that allows you to design every detail to suit your vision. The apartment is being sold "as-is, " giving you a head start on renovations to create a stunning space that reflects your style. The apartment is sprawling, very spacious at approximately 1, 500 sqft, and configured as a convertible 3-bedroom/1-bath apartment with a massive entry foyer that can be used as a dining room. The unit is directly overlooking stunning Fort Tryon Park.

Priced to sell, this gutted apartment offers immense potential for those with vision. With the right renovations, and depending on market conditions, you can possibly turn your investment into a million dollar home. Configure the space as a large 2-bedroom with a formal dining room and study or create a spacious 3-bedroom home-the possibilities are endless.

1825 Riverside Drive features, grand hallways and staircases, a beautiful common courtyard, laundry facilities, and a live-in superintendent. Conveniently located very close to the express A train (20 minutes to Midtown) and a few blocks to the 1 train, this location offers easy access to the best of NYC while retaining the charm and tranquility of Inwood.

Potential layout highlights include:

Generous living and dining areas
Spacious bedrooms
An eat-in kitchen
A huge foyer (19'15)
Ample storage

Situated on the edge of Fort Tryon Park, enjoy breathtaking views, proximity to playgrounds, dog walks, shops, restaurants, supermarkets, schools, and the world-famous Cloisters Museum. The neighborhood is thriving, making this an excellent investment opportunity or the chance to design your perfect family home.

Here's your chance to combine space, location, and value into something extraordinary. Opportunities like this, where potential meets profitability, don't come around often. Don't let this one slip away!

Bike room, Common Outdoor Space, Pre-War, Laundry Room

Features

  • Town: New York
  • Heating: None
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Building Inside,None
  • Common Charge: $1,308 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLMX-105241
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RLMX-105241/riversideriversidedrive_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Highline Residential   Phone: (212) 960-8740

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Inwood), NY, 10033

$565,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $452,000 $452,000 $452,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,122 $3,045 $3,845
Total Monthly Payment $3,214 $3,137 $3,937

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.